Data as of Nov 4, 2026.
PPA vs WDGF: Holdings Overlap & Returns
Over the year to Nov 4, 2026, PPA returned +1.6% to WDGF's −2.9%; 47% of their weight is in the same names.
askIQ about this page
askIQ about PPA and WDGF
Net assets: $7.7bn on Nov 3, 2026 for Invesco Aerospace & Defense ETF, and $5.3m on Jun 30, 2026 for WisdomTree Global Defense Fund.
77% of PPA's weight is in S&P 500 companies and 23% is outside the index. Holdings as of Nov 3, 2026.
35% of WDGF's weight is in S&P 500 companies and 65% is outside the index. Holdings as of Jun 30, 2026.
Pair scorecard
WDGF costs 0.13 points a year less; their one-year returns differ by 4.5 points.
Points (pts) are percentage points.
| Measure | PPA | WDGF |
|---|---|---|
| Return | ||
| Total return, 1 year | +1.6% | −2.9% |
| Drawdown | ||
| Below its all-time high | 14.9%, high on Mar 2, 2026 | 16.9%, high on Mar 9, 2026 |
| Against its benchmark | ||
| What it tracks | Defense | Defense |
| Against the S&P 500, 1 year | behind by 13.2 pts | |
| Its benchmark, total return, 1 year | +14.8% | |
| Against its benchmark, 1 year | behind by 13.2 pts | |
| Cost and size | ||
| Expense ratio | 0.58% | 0.45% |
| Net assets, PPA as of Nov 3, 2026 and WDGF as of Jun 30, 2026 | $7.7bn | $5.3m |
| Holdings | ||
| Holdings in common | 47% | |
What they share
By the books each fund has filed, PPA and WDGF hold 47% of their money in the same securities at the same weight. Holdings dated Jun 30, 2026 and Nov 3, 2026.
half
47% in common
Only in one fund ↓
Window by window
| Total return | vs its benchmark | |||
|---|---|---|---|---|
| Window | PPA | WDGF | PPA | WDGF |
| 3 months | −14.0% | −9.9% | −13.9 pts vs IVV | not measured |
| 6 months | −6.3% | −9.6% | −11.3 pts vs IVV | not measured |
| 1 year | +1.6% | −2.9% | −13.2 pts vs IVV | not measured |
| 3 years | +90.4% | – | +7.0 pts vs IVV | – |
| Since launchNot the same days: PPA Oct 2005 · WDGF Sep 2025 | +1,183.3% | −2.1% | not measured | not measured |
– means no data for this window. Open this comparison in the app →
Side by side
As of Nov 4, 2026. Source: ETFIQ.
47% of the two portfolios are the same securities at the same weight.
PPA
By weight, 77% of PPA's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 96%. The top ten holdings are 62% of the fund across 70 positions, as published by its issuer for Nov 3, 2026. Over the year to Nov 4, 2026 the fund returned +1.6% with distributions reinvested against +14.8% for its benchmark, the S&P 500 Index, so a holder was behind by 13.2 pts. It sits 14.9% below its all-time high of Mar 2, 2026.
WDGF
By weight, 35% of WDGF's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 98%. The top ten holdings are 44% of the fund across 115 positions, as filed for Jun 30, 2026. Over the year to Nov 4, 2026 the fund returned −2.9% with distributions reinvested. It sits 16.9% below its all-time high of Mar 9, 2026.
Questions people ask
- Do PPA and WDGF hold the same stocks?
- By their latest filings, 47% of their books are the same securities at the same weight. Overlap is the sum of the smaller weight of every security they share.
Links are sources, not endorsements. A comparison is not a recommendation.
How this is computed
Overlap adds up the smaller of the two weights for each security both funds hold.
Every number is an ETFIQ calculation with distributions reinvested.
Cite this pageCitation, APA and Markdown
ETFIQ, PPA against WDGF, data as of Nov 4, 2026. https://etfiq.com/compare/themes/ppa-vs-wdgf
ETFIQ. (Nov 4, 2026). PPA against WDGF. Retrieved from https://etfiq.com/compare/themes/ppa-vs-wdgf
[PPA against WDGF (ETFIQ, Nov 4, 2026)](https://etfiq.com/compare/themes/ppa-vs-wdgf)
Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.